Wholesale Consolidation Likely: Noddle

NEW YORK — The wholesaling business is “ripe for some consolidation,” Jeff Noddle, chairman and chief executive officer of Supervalu, Minneapolis, said at a financial conference here yesterday, “whether we are involved or someone else is involved.” Some of the most likely potential wholesale targets may be member-owned cooperatives, he pointed out, “and while it’s difficult getting business away from them, it’s harder to get those member retailers to change to a conventional wholesaler — but ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.

Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.